The property is an office building located at 5609 Douglas Ave in Des Moines, Iowa, within the 50310 ZIP code. It is positioned near the intersection area of Merle Hay Road and Douglas Avenue.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?

Assessed value · 2023$106k

Assessed land$81k

Assessed improvement$25k

Value estimate

· Nov 2026

$210k

$189k – $231k

AI approach$210k

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?

$103/SF

Submarket average, outlier-cleaned · 290 recorded sales of this use type

Observed band · Q1–Q3$62 – $162

Qualifying comparables19

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

C-2

JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?

Best fit: Law Firm

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Law Firm16.3

Realty agency16.3

HVAC Service12.0

5609 Douglas Ave Des Moines, IA 50310-1802

County assessor Recorded deeds · 7 transfers 19 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby

Address Sale price Sold Size

3207 Douglas, Des Moines, IA 50310-5311 $301,000 May 2023 4,002 SF

2600 Beaver, Des Moines, IA 50310-3908 $180,000 Dec 2022 3,187 SF

4908 Franklin, Des Moines, IA 50310-1901 $825,000 Aug 2022 3,723 SF

2907 Douglas, Des Moines, IA 50310-5845 $275,000 Dec 2020 3,000 SF

2907 Merle Hay, Des Moines, IA 50310-1103 $247,500 Jul 2019 2,720 SF

5713 Madison, Des Moines, IA 50310-1318 $159,500 Jun 2019 1,699 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$215,000

1,868 SF

1903 46th St

OFFICE/RESIDENTIAL (MIXED USE)

1903 46th St, Des Moines, IA 50310-3028

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Value Estimation
$265,000

1,699 SF

5713 Madison Ave

OFFICE/RESIDENTIAL (MIXED USE)

5713 Madison Ave, Des Moines, IA 50310-1318

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Value Estimation
$300,000

2,828 SF

1742 Beaver Ave

OFFICE/RESIDENTIAL (MIXED USE)

1742 Beaver Ave, Des Moines, IA 50310-3812

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Value Estimation
$270,000

3,000 SF

2907 Douglas Ave

OFFICE/RESIDENTIAL (MIXED USE)

2907 Douglas Ave, Des Moines, IA 50310-5845

View Details
Value Estimation
$175,000

1,239 SF

3801 Douglas Ave

OFFICE/RESIDENTIAL (MIXED USE)

3801 Douglas Ave, Des Moines, IA 50310-3652

View Details
Value Estimation
$265,000

4,011 SF

2740 30th St

OFFICE/RESIDENTIAL (MIXED USE)

2740 30th St, Des Moines, IA 50310-5264

View Details

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5609 Douglas Ave Des Moines, IA 50310

Property summary